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Palestine Investment Bank (XPAE:PIBC) Accounts Receivable : $0.00 Mil (As of Dec. 2023)


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What is Palestine Investment Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Palestine Investment Bank's accounts receivables for the quarter that ended in Dec. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Palestine Investment Bank's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Palestine Investment Bank's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-5.01.


Palestine Investment Bank Accounts Receivable Historical Data

The historical data trend for Palestine Investment Bank's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Palestine Investment Bank Accounts Receivable Chart

Palestine Investment Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Palestine Investment Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Palestine Investment Bank Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Palestine Investment Bank Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Palestine Investment Bank's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/7.891*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Palestine Investment Bank's accounts receivable are only considered to be worth 75% of book value:

Palestine Investment Bank's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(297.257+0.75 * 0+0.5 * 0-687.659
-0-0)/78
=-5.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Palestine Investment Bank Accounts Receivable Related Terms

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Palestine Investment Bank (XPAE:PIBC) Business Description

Traded in Other Exchanges
N/A
Address
Irsal street, Al-Bireh, PSE
Palestine Investment Bank is engaged in banking and financial activities in Palestine. The services provided by bank includes Current Account, Savings Account, Term Deposit Account and Smart Deposit. The commercial services of the bank include Letters of Credit, Issuing Letters of Guarantee and Bills for Collection. The company's operating business segments are Retail banking, Corporate banking services, Treasury and others. The revenue of the company derives from retail banking.

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